VanTrust Real Estate has acquired 32 acres, located at 5998 West Parkway Blvd., in West Valley City, Utah, to build four industrial warehouse buildings.
The site’s location offers easy access to the “Crossroads of America” – a network of interstates, local highways, roads and rail lines that converge in Utah’s capital city area. The site is located just south of State Route 201 and west of Mountain View Corridor. It is also near the Salt Lake City International Airport, Interstate 80, Interstate 15, and the Union Pacific Railroad intermodal hub.
The site will accommodate four buildings that will provide 600,000 square feet of new Class A industrial space to this growing logistics area. According to Tom Freeman and Travis Healy of Colliers, the leasing team VanTrust has hired to market the buildings, there is consistent demand for space in this area due to its strategic position in the Salt Lake Valley, and because the area is one of the fastest growing and has one of the strongest economies in the country.
“We are thrilled to have acquired this advantageously located site on which to build new industrial warehouses,” said Chris McCluskey, VanTrust’s executive vice president of development for Salt Lake City. “One of our specialties at VanTrust is industrial properties, and we are excited to add this tremendous location to our portfolio.”
VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver late spring 2026. Construction timing on the second two buildings is still to be determined. Specific tenants for the warehouses have not yet been identified.
